500 Startups Launches A $15M Korea-Focused Fund Called 500 Kimchi

500 Startups Launches A $15M Korea-Focused Fund Called 500 Kimchi

With its extremely high smartphone penetration rate, speedy broadband connections, and advanced economy, South Korea is one of the richest breeding grounds for tech innovation in Asia. 500 Startups, which has already made several investments in Korean companies, is digging deeper into the country with the launch of 500 Kimchi, a $15 million fund that will focus on mobile companies.

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